© Reuters. Duke Energy Earnings, Revenue Miss in Q4
Investing.com – Duke Energy (NYSE 🙂 reported on Thursday fourth quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Duke Energy announced earnings per share of $ 0.94 on revenue of $ 6.24B. Analysts polled by Investing.com anticipated EPS of $ 0.9659 on revenue of $ 6.53B.
Duke Energy shares are down 0% from the beginning of the year, still down 3.39% from its 52 week high of $ 108.38 set on August 16, 2021. They are outperforming the S&P 500 which is down 3.76% from the start of the year.
Duke Energy follows other major Utilities sector earnings this month
Duke Energy’s report follows an earnings beat by NextEra Energy on January 25, who reported EPS of $ 0.41 on revenue of $ 5.05B, compared to forecasts EPS of $ 0.3897 on revenue of $ 6.25B.
Orsted ADR had missed expectations on February 2 with fourth quarter EPS of $ 0.2306 on revenue of $ 4.06B, compared to forecast for EPS of $ 0.7016 on revenue of $ 2.45B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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